Allbirds Q2 Earnings: Revenue $39.69M, EPS $1.92; CEO Optimistic on Growth in Q4.

Allbirds reported Q2 EPS of $1.92, below the consensus of $2.82. Revenue was $39.69M, in line with the consensus of $38.6M. CEO Joe Vernachio said strong execution in the first half of the year has set the company up for growth in the fourth quarter. Allbirds plans to introduce new lifestyle footwear, emphasizing modern design, unique materials, and comfort, to reignite the brand.

Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand known for its sustainable materials and innovative products, has reported its second quarter 2025 financial results. The company reported net revenue of $39.7 million, a 23.1% decline from the same period last year, but within its guidance range. Despite the revenue decrease, the company's adjusted EBITDA loss improved to $12.6 million, a significant improvement from the previous year's $13.7 million.

The gross margin for the quarter declined to 40.7%, down from 50.5% in the same period last year. This decrease was primarily attributed to increased promotional activity, inventory adjustments, and higher per unit freight and duty costs. Allbirds also reported a net loss of $15.5 million, or $1.92 per basic and diluted share, compared to a net loss of $19.1 million in the second quarter of 2024.

CEO Joe Vernachio expressed confidence in the company's ability to drive revenue growth in the fourth quarter of 2025 through upcoming product, marketing, and customer experience initiatives. The company has also successfully completed a comprehensive financing package, including a new three-year $75 million revolving credit facility.

Looking ahead, Allbirds has revised its full-year revenue outlook to a range of $165 million to $180 million, a downward revision from its previous guidance of $175 million to $195 million. The adjusted EBITDA guidance projects a loss of $65 million to $55 million for the full year.

The company's stock has seen mixed insider trading activity, with several executives selling shares in recent months. Wall Street analysts have also issued varying ratings on the stock, with one firm issuing a "Buy" rating in April 2025.

References:
[1] https://www.quiverquant.com/news/Allbirds%2C+Inc.+Reports+Q2+2025+Financial+Results+and+Revises+Full+Year+Revenue+Outlook